Wednesday, December 21, 2016

Walgreens Boots Alliance and Rite Aid have entered into an agreement to
sell 865 Rite Aid stores and certain assets related to store operations
to Fred’s for $950 million.

The transaction is subject to Federal Trade Commission approval, the
approval and completion of the pending acquisition of Rite Aid by
Walgreens Boots Alliance, and other customary closing conditions.. . . more